Defence Holdings PLC (ALRT): At-the-market equity facility
This situation live
ALRT Defence Holdings PLC
22 Dec 2025 · £620k raised by 18 Dec 2025 · −3% until the next step
The ATM facility, arranged with Fortified Securities following the period end, provides the Company with flexibility to raise capital efficiently in alignment with operational milestones, without the
5 Feb 2026 · £713k raised in total by 16 January 2026 · −9% until the next step
the Company has now raised total gross proceeds of £713,117.49 under the ATM facility.
25 Jun 2026 · Accelerated bookbuild launched; broker offer open · −4% until the next step
The Placing is to be conducted by way of an accelerated bookbuild process which will commence immediately following this Announcement for up to 400,000,000 Ordinary Shares
26 Jun 2026 · Placing completed, oversubscribed; admission pending · −44% since
Settlement of the new Ordinary Shares and Admission are expected to take place on or around 8.00 a.m. on 1 July 2026.
At-the-market equity facility
Placing completed, oversubscribed; admission pending
Every step · 4
- 22 Dec 2025 £620k raised by 18 Dec 2025 – The ATM facility, arranged with Fortified Securities following the period end, provides the Company with flexibility to raise capital efficiently in... ↗
- 5 Feb 2026 £713k raised in total by 16 January 2026 – the Company has now raised total gross proceeds of £713,117.49 under the ATM facility. ↗
- 25 Jun 2026 Accelerated bookbuild launched; broker offer open – The Placing is to be conducted by way of an accelerated bookbuild process which will commence immediately following this Announcement for up to 400,000,000... ↗
- 26 Jun 2026 Placing completed, oversubscribed; admission pending – Settlement of the new Ordinary Shares and Admission are expected to take place on or around 8.00 a.m. on 1 July 2026. ↗
What is happening
Defence Holdings PLC: At-the-market equity facility – Placing completed, oversubscribed; admission pending. ['Placing completed, oversubscribed; admission pending']
- In short
- On 25 June 2026 the company launched an accelerated bookbuild to raise up to about £4m at 1p, a 24.81% discount, with Fortified as sole bookrunner; a broker offer of up to £1m was added and the ATM suspended. On 26 June 2026 it announced completion of the full £4m placing, described as significantly oversubscribed and scaled back. Admission is expected on 1 July 2026, taking shares in issue to 2,873,485,974.
- Announced
- 22 Dec 2025 · £620k raised by 18 Dec 2025
- Latest
- 26 Jun 2026 · Placing completed, oversubscribed; admission pending
- Size
- £4m gross; 400,000,000 new shares; placing completed 26 June 2026
- Price
- 1 pence per share
- Discount
- 24.81% to the 1.33p close on 24 June 2026
- Use of money
- Working capital and strategic defence partnerships
- Underwriting
- Not underwritten; Fortified uses reasonable endeavours
- Next milestone
- Admission expected on or around 8.00am on 1 July 2026; conditional on Admission
- Share count
- 2,873,485,974 ordinary shares in issue after Admission
- Demand
- Significantly oversubscribed and scaled back, per the company
From the company's own announcements. Not investment advice.
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